The application should meet all the necessities of the Companies Ordinance. The businesses Registry may well demand the provision of extra information or files in help of the application.
Considering the fact that its institution being a British colony in 1842, Hong Kong has cultivated a lawful environment emphasizing the rule of law and the maintenance of statutory guides, contributing to its reputation as a worldwide small business hub.
In that scenario, you should entire and submit the shape IRBR177 or post an appointment letter stating the entire particulars of your agent like his/her name, Hong Kong copyright range and residential handle. A replica of his/her Hong Kong identity card must even be attached to the applying.
Founding a business is often a process that includes various techniques, but among The key matters to take into consideration when setting up a business is its area and any Distinctive tax prices which could utilize.
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It is possible to raise the share capital and allot new shares to new shareholders Sooner or later Besides allotting new shares, You can even transfer your shares or possession to other functions.
However, the legislation stipulates that their initially tax return ought to be submitted inside of eighteen months with the day of incorporation for recently registered sole proprietorships.
Professional-suggestion: Take into account consulting by using a tax Specialist to guarantee utmost tax Added benefits and compliance with community restrictions.
Should the proprietor/all partners/the principal officer is/are not residing in Hong Kong, he/she has/they may have to appoint a resident particular person as his/her/their agent for that needs of business registration.
Certificates for organizations minimal by shares in tricky copy variety will Commonly be issued in just four Operating days. The presentor is going to be notified by e mail or fax in the event the Certificates are ready for assortment. The Certificates need to be collected in man or woman at the Registry on presentation in the Notification of Assortment of Certification(s) and also the identification doc / company chop stated therein.
The Registered Tackle is The situation to be used for all official company documents and interaction.
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Hong Kong's authorized procedure is rooted in English common law, establishing into a novel framework affected by its standing as an international financial Middle.
In addition, there should be a minimum of one director who's a normal particular person, Despite the fact that they don't have to be a resident. It is important to note that when there is just one director, they cannot also serve as the company secretary.